Nelson Capital Management LLC Increases Stock Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Nelson Capital Management LLC boosted its holdings in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 3.4% in the 4th quarter, Holdings Channel reports. The firm owned 82,316 shares of the company’s stock after purchasing an additional 2,670 shares during the period. Nelson Capital Management LLC’s holdings in iShares Cybersecurity and Tech ETF were worth $4,016,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of IHAK. BNP Paribas grew its stake in shares of iShares Cybersecurity and Tech ETF by 9.4% in the 3rd quarter. BNP Paribas now owns 10,280 shares of the company’s stock valued at $501,000 after purchasing an additional 884 shares during the last quarter. HighTower Advisors LLC grew its position in iShares Cybersecurity and Tech ETF by 0.7% in the 3rd quarter. HighTower Advisors LLC now owns 117,339 shares of the company’s stock valued at $5,697,000 after buying an additional 759 shares during the last quarter. Hilltop Holdings Inc. increased its stake in iShares Cybersecurity and Tech ETF by 32.6% in the 3rd quarter. Hilltop Holdings Inc. now owns 35,089 shares of the company’s stock valued at $1,710,000 after buying an additional 8,630 shares during the period. Fountainhead AM LLC raised its position in iShares Cybersecurity and Tech ETF by 15.5% during the 3rd quarter. Fountainhead AM LLC now owns 8,227 shares of the company’s stock worth $401,000 after buying an additional 1,105 shares during the last quarter. Finally, Bank of Montreal Can lifted its stake in shares of iShares Cybersecurity and Tech ETF by 180.5% in the 3rd quarter. Bank of Montreal Can now owns 128,147 shares of the company’s stock worth $6,214,000 after acquiring an additional 82,460 shares during the period.

iShares Cybersecurity and Tech ETF Stock Down 1.1 %

NYSEARCA IHAK opened at $49.20 on Wednesday. The stock has a market capitalization of $937.26 million, a P/E ratio of 29.96 and a beta of 0.82. iShares Cybersecurity and Tech ETF has a 52-week low of $42.45 and a 52-week high of $53.01. The firm has a 50-day moving average price of $50.23 and a 200 day moving average price of $49.53.

iShares Cybersecurity and Tech ETF Profile

The iShares Cybersecurity and Tech ETF (IHAK) is an exchange-traded fund that is based on the NYSE FactSet Global Cyber Security index. The fund tracks a market cap-selected and -weighted index of large- and mid-cap companies involved in cyber hardware and software. IHAK was launched on Jun 11, 2019 and is managed by BlackRock.